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Volkswagen Passat Lease Questions

752 messages, Last post on Nov 30, 2009 at 5:44 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Car_Man, I am going to be shopping for a 2006 Passat soon and want to know what sort of money factor and residual value I should be looking for. I ran a 2006 2.0T with Package #2 and cold weather package on edmunds and came up with a TMV of $28,263 and MSRP of $28,919. I am looking for a 36-month lease. Before I go in, can you tell me what money factor and residual I should be looking for. I have decent credit. Also, is that TMV what I should be looking for as a final negotiating price (realistically). |
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car_man, Do you have the money factor and residuals for the 6cyl FWD Passat? 24 and 36 mths for 15k/yr. Thanks.
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Replying to: tlabrie (Nov 01, 2005 8:36 pm) |
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A sales manager at a local dealership told me this evening that the Money Factor has increased for 12-36 month leases (good credit) from 0.00137 (3.288%) TO 0.00184 (4.416%). Can anyone confirm this, or add further info, such as more details on lease options or genuine November incentives? I was quoted by phone the Money Factor on 1 Nov. of 0.00137 and am now being told that there is no negotiation, with respect to the new MF--they use whatever VW Credit provides. It's a significant hike and adds $20/month to a 36 month lease ($720)!
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I just was quoted the following lease price on an 06 passat 2.0T (package #2): $350/mo. for 36 months, 12K miles per year with $2,100 down (includes all.) Selling price on the car is $27,197. Does this sound like a good deal?? Appreciate your thoughts. Phoebe
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Replying to: danpa (Nov 02, 2005 10:20 pm) http://forums.vwvortex.com/zerofile/2184/PassatLeaseNov.jpg
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Replying to: phoebeart (Nov 03, 2005 7:35 am) |
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what would be a good lease price on a 2006 Passat 3.6 with sport pack #2 and msrp of 38K? Thanks!
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Replying to: danpa (Nov 03, 2005 11:08 am) Manufacturer Captive Lease Programs – Effective 11/3/2005 2006 Volkswagen Passat 4dr Sedan 2.0T Base 24 mo/15k mi - 67% residual – Money Factor .00184 Base Rate 36 mo/15k mi - 63% residual – Money Factor .00184 Base Rate 48 mo/15k mi - 57% residual – Money Factor .00184 Base Rate 60 mo/15k mi - 50% residual – Money Factor .00221 Base Rate 2006 Volkswagen Passat 4dr Sedan 2.0T Pkg 1 24 mo/15k mi - 64% residual – Money Factor .00137 Base Rate 36 mo/15k mi - 57% residual – Money Factor .00137 Base Rate 48 mo/15k mi - 51% residual – Money Factor .00180 Base Rate 60 mo/15k mi - 43% residual – Money Factor .00338 Base Rate 2006 Volkswagen Passat 4dr Sedan 2.0T Pkg 2 24 mo/15k mi - 64% residual – Money Factor .00137 Base Rate 36 mo/15k mi - 57% residual – Money Factor .00137 Base Rate 48 mo/15k mi - 51% residual – Money Factor .00180 Base Rate 60 mo/15k mi - 43% residual – Money Factor .00338 Base Rate 2006 Volkswagen Passat 4dr Sedan 2.0T Value 24 mo/15k mi - 64% residual – Money Factor .00137 Base Rate 36 mo/15k mi - 57% residual – Money Factor .00137 Base Rate 48 mo/15k mi - 51% residual – Money Factor .00180 Base Rate 60 mo/15k mi - 43% residual – Money Factor .00338 Base Rate For the above add 2% to residual for 12k mi/yr and 3% for 10k mi/yr
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Replying to: nvnick (Nov 06, 2005 7:06 pm) Can someone break the tie? Moderator? Car_man? Also if someone had the residuals and Money Factor for new 2005 Wagons and Sedans that would be most helpful. |
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